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May 19, 2013
05/13
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add $2.29 for a large order of fries and $2.49 for a large shake, plus tax. those are the low prices you have come to expect. part of the special sauce that keeps the prices so low is under protest. five major cities, new york, chicago, st. louis detroit and last wednesday milwaukee have seen fast food workers walk out on the job in protest of their wages and inability to unionize. that protest in milwaukee this past week drew between 150 and 200 workers. according to estimates by the strikers organizing. that's a little bit less than the original strike here in new york drew back in november. but it was 400 or so fast food workers that walked out in the detroit metro area strike earlier this month. $15 an hour as a wage floor is what the protesters are seeking. the minimum wage they're being paid now starts as low as the national rate of $7.25 per hour. it's the same as it was in 2010 when the median food and beverage worker made $18,130 per year. that means if you're the sole earner in a family of three, you would have been at the federal poverty line in 20
add $2.29 for a large order of fries and $2.49 for a large shake, plus tax. those are the low prices you have come to expect. part of the special sauce that keeps the prices so low is under protest. five major cities, new york, chicago, st. louis detroit and last wednesday milwaukee have seen fast food workers walk out on the job in protest of their wages and inability to unionize. that protest in milwaukee this past week drew between 150 and 200 workers. according to estimates by the strikers...
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May 14, 2013
05/13
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FBC
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the congressman is right, the most feared agency in america because the power to tax is the power to destroy. this is one of the most dangerous things that can happen in the united states of america. further investigation needs to happen because we have seen a culture of corruption. barack obama, i am not suggesting he knew anything about this but he came out of this tradition of demonizing opponents that this would fit right into that culture. connell: you think we ought to fire now? or weight? >> enough to go forward with hearings and further investigation but we have to see where did is originate? dagen: almost looks at least for lack of a better phrase cover-up part of it. doug schulman was the george bush appointee and he testified initially he didn't know anything about the targeting, he was informed in may of last year about it and steve miller was in communication with some gop lawmakers after he was aware of the targeting and never disclosed. >> what did they know and when did they know it. the original iteration of the story a couple days ago was low-level employees in cinc
the congressman is right, the most feared agency in america because the power to tax is the power to destroy. this is one of the most dangerous things that can happen in the united states of america. further investigation needs to happen because we have seen a culture of corruption. barack obama, i am not suggesting he knew anything about this but he came out of this tradition of demonizing opponents that this would fit right into that culture. connell: you think we ought to fire now? or...
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May 12, 2013
05/13
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the local property taxes and taken away funding for education in our state. people are concerned about that. >> it's also not a coincidence, i think, that this is happening in kansas and other states during the obama years. and i want to get into that when we come back. i did? when visa signature asked everybody what upgraded experiences really mattered... you suggested luxury car service instead of "strength training with patrick willis." come on todd! flap them chicken wings. [ grunts ] well, i travel a lot and umm... [ male announcer ] at visa signature, every upgraded experience comes from listening to our cardholders. visa signature. your idea of what a card should be. i need you. i feel so alone. but you're not alone. i knew you'd come. like i could stay away. you know i can't do this without you. you'll never have to. you're always there for me. shh! i'll get you a rental car. i could also use an umbrella. fall in love with progressive's claims service. but with advair, i'm breathing better. so now i can help make this a great block party. ♪ [ male a
the local property taxes and taken away funding for education in our state. people are concerned about that. >> it's also not a coincidence, i think, that this is happening in kansas and other states during the obama years. and i want to get into that when we come back. i did? when visa signature asked everybody what upgraded experiences really mattered... you suggested luxury car service instead of "strength training with patrick willis." come on todd! flap them chicken wings....
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May 13, 2013
05/13
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CNBC
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we already collect sales tax in all 50 states. >> how much did those cost? >> $95, including prescription lenses. >> do you wear them on purpose? do you need glasses? >> i do need glasses. i have been wearing them since the sixth grade. >> there's no lenses in there. i can see right through. no. those are the ones you picked, though? >> it has an old school look. >> old school look, there is speculation, there are reports that google glass has got in touch with you guys about you making the next google glasses to look more than like than the space age crazy glasses that we have seen. can you share with with us some news? >> can't really comment on any rumors. >> that's that other button. >> can't do it. >> we think what google is doing is really interesting, but we can't really comment. >> is that the future of glasses? do you worry about that short of changing the whole glasses market eventually? >> we think glasses are a fun fashion industry. it needs to take fashion into account. >> in other words, the glasses are a little not so hot? >> i think it's supe
we already collect sales tax in all 50 states. >> how much did those cost? >> $95, including prescription lenses. >> do you wear them on purpose? do you need glasses? >> i do need glasses. i have been wearing them since the sixth grade. >> there's no lenses in there. i can see right through. no. those are the ones you picked, though? >> it has an old school look. >> old school look, there is speculation, there are reports that google glass has got in...
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May 15, 2013
05/13
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welcome to the state where cutting taxes for business... is our business. welcome to the new buffalo. welcome to the new buffalo. welcome to the new buffalo. new york state is throwing out the old rule book to give your business a new edge, the edge you can only get in new york state. to grow our start your business, visit thenewny.com 14 clubs. that's what they tell us a legal golf bag can hold. and while that leaves a little room for balls and tees, it doesn't leave room for much else. there's no room left for deadlines or conference calls. not a single pocket to hold the stress of the day, or the to-do list of tomorrow. only 14 clubs pick up the right one and drive it right down the middle of pure michigan. your trip begins at michigan.org. >>> an accused killer called the female james bond. did she murder model juliana redding? a court decides that today. >> shocking newly released 911 calls released of the murder of 9-year-old leila fowler, her brother heads to court today. >>> and against all odds. a young woman survives for 17 days in the ruins of a
welcome to the state where cutting taxes for business... is our business. welcome to the new buffalo. welcome to the new buffalo. welcome to the new buffalo. new york state is throwing out the old rule book to give your business a new edge, the edge you can only get in new york state. to grow our start your business, visit thenewny.com 14 clubs. that's what they tell us a legal golf bag can hold. and while that leaves a little room for balls and tees, it doesn't leave room for much else....
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May 15, 2013
05/13
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FBC
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plus, would you relocate for a lower tax break? which cities have the lowest tax rate and why it might mean more jobs. "countdown to the closing bell" starts right now. >> i'm liz claman, the last hour of trading, but we have to back up to 40 minutes ago when the markets started to back off the climb that it experienced earlier today. we have the s&p just s
plus, would you relocate for a lower tax break? which cities have the lowest tax rate and why it might mean more jobs. "countdown to the closing bell" starts right now. >> i'm liz claman, the last hour of trading, but we have to back up to 40 minutes ago when the markets started to back off the climb that it experienced earlier today. we have the s&p just s
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May 15, 2013
05/13
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CNBC
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that implies a certain level of after-tax cash flow, net operating after tax. you look at the cash flow, you add the cash per share that the company has and you take out the debt and you take out option liabilities and you take out deferred tax liabilities and you get to sort of a net equity value per share that equals the $295 for 75% return on invested capital or 250% on invested capital. >> you are doing a discounted cash flow valuation? >> it's essentially discounted cash flow valuation. it's a perpetuity value on the implied note pad. it's detailed on the article on my blog. i show my model and it's totally transparent and my goal is to further the knowledge of investor so they can make a more informed decision and everything about this analysis is transparent and you can see it on the blog. >> i just wanted to understand the basics of it. thank you. >> neither you or the firm are long or short the shares? >> that's correct. i know you say you don't want to have to bet on whether or not they roll out revolutionary products, but you will admit there's risk
that implies a certain level of after-tax cash flow, net operating after tax. you look at the cash flow, you add the cash per share that the company has and you take out the debt and you take out option liabilities and you take out deferred tax liabilities and you get to sort of a net equity value per share that equals the $295 for 75% return on invested capital or 250% on invested capital. >> you are doing a discounted cash flow valuation? >> it's essentially discounted cash flow...
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May 13, 2013
05/13
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whether taxes are paid. and we need to track where multi-nationals make their money and where they pay their taxes so we can stop those who are manipulating the system unfairly. finally, we discussed the brutal conflict in syria. 80,000 dead, 5 million people forced from their homes. syria's history is being written in the blood of her people, and it is happening on our watch. the world urgently needs towatc. the world urgency leads to come together to bring the killing to an end. none of us have any interest in seeing more lives lost, in seeing chemical weapons used or extremist violence spreading even further. so we welcome president putin's effort to achieve a political solution. the challenges remain formidable. but we have an urgent window of opportunity before the worst fears are realized. there is no more urgent international task than this. we need to get syrians to the table to agree a transitional government that can win the consent of all the syrian people. but there will be no political progress
whether taxes are paid. and we need to track where multi-nationals make their money and where they pay their taxes so we can stop those who are manipulating the system unfairly. finally, we discussed the brutal conflict in syria. 80,000 dead, 5 million people forced from their homes. syria's history is being written in the blood of her people, and it is happening on our watch. the world urgently needs towatc. the world urgency leads to come together to bring the killing to an end. none of us...
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May 20, 2013
05/13
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the winner can take an immediate cash out of $377 million after taxes or a smaller pay out now fold by yearly pay outs over the next 29 years. in a statement publix made it clear let the media drive who won it speculation. publix said quote we off terrify lottery as a service to our customers. however we don't promote the lottery or participate in lottery stories. we're excited for the winner and respect their privacy as well. privacy for the winner, that won't last long. by florida law once he, she or they come forward the name is public. now, whoever actually won is apparently doing the right thing, they are probably getting an attorney lined up, probably getting an account ant lined up, getting their house in order before they go tot tallahassee o collect. >> that's not the only winner, right? >> reporter: that's exactly right. there were two, $2 million tickets. one sold in new york and one sold in south carolina. and there were 33 tickets sold in 17 states that netted each of those people a million bucks a piece. some good prizes out there. >> those sound effects are courtesy of j
the winner can take an immediate cash out of $377 million after taxes or a smaller pay out now fold by yearly pay outs over the next 29 years. in a statement publix made it clear let the media drive who won it speculation. publix said quote we off terrify lottery as a service to our customers. however we don't promote the lottery or participate in lottery stories. we're excited for the winner and respect their privacy as well. privacy for the winner, that won't last long. by florida law once...
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May 17, 2013
05/13
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CNNW
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welcome to the state where cutting taxes for business... is our business. welcome to the new buffalo. welcome to the new buffalo. welcome to the new buffalo. new york state is throwing out the old rule book to give your business a new edge, the edge you can only get in new york state. to grow our start your business, visit thenewny.com with the innovating and the transforming and the revolutionizing. it's enough to make you forget that you're flying five hundred miles an hour on a chair that just became a bed. you see, we're doing some changing of our own. ah, we can talk about it later. we're putting the wonder back into air travel, one innovation at a time. the new american is arriving. but he with a chuckle replied that maybe it couldn't, but he would be one who wouldn't say so till he tried. ♪ somebody scoffed, "oh, you'll never do that." "at least no one has ever done it." but he took off his coat and he took off his hat, and the first thing we knew he'd begun it. there are thousands to tell you it cannot be done, there are thousands to prophesy fail
welcome to the state where cutting taxes for business... is our business. welcome to the new buffalo. welcome to the new buffalo. welcome to the new buffalo. new york state is throwing out the old rule book to give your business a new edge, the edge you can only get in new york state. to grow our start your business, visit thenewny.com with the innovating and the transforming and the revolutionizing. it's enough to make you forget that you're flying five hundred miles an hour on a chair that...
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May 20, 2013
05/13
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. >> one tax issue they won't face is they won in florida and no state income tax so that's one step forward of keeping more of the $590.5 million which is the second largest jackpot in the united states ever, but it is the largest jackpot ever won by a single person purchased at that publix grocery store over my shoulder. it was a quick pick ticket sold on saturday right before the drawing. so it was really a last-minute purchase. the person who won this money is yet to reveal themselves. zephyr hills is as you noted, a small town in florida and perhaps best known for the bottled water, the zephyr hills water sold across the country and now it's more famous for who is the winner. the general guess here because it's a grocery store it's probably somebody who lives in the area who won. this town's budget is of the size that if the winner took all of this $590 million and decided to fund the government, they'd be able to fund the government here for 12 years. that's how much money this is. this is what a winning ticket in florida. >> this is what a ticket in florida would look like. no
. >> one tax issue they won't face is they won in florida and no state income tax so that's one step forward of keeping more of the $590.5 million which is the second largest jackpot in the united states ever, but it is the largest jackpot ever won by a single person purchased at that publix grocery store over my shoulder. it was a quick pick ticket sold on saturday right before the drawing. so it was really a last-minute purchase. the person who won this money is yet to reveal...
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May 19, 2013
05/13
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you named yourself after a group of people who proudly and historically violated tax laws. look, if i had a vanity license plate that said weed420, i might expect to get pulled over now and then. >> if you had that license plate? >> not now. >> all right. >> into the political playground we go. amy poehler and seth myers were not the only one bringing the funny this weekend. take a look at what first lady michelle obama had to say to graduates in nashville yesterday. >> failure is the key to success for so many great people. there's this guy, barack obama, who lost -- i could take up a whole afternoon talking about his failures. but he lost his first race for congress and now he gets to call himself my husband. >> but the president was not going to let the first lady be the funnier of the two obamas the this weekend. oh, no, take a look at what the president said earlier today during his commencement speech at moorhouse. >> i see some moms and grandmas here, aunts in their sunday best. although they are upset about their hair getting messed up. michelle would not be sitting
you named yourself after a group of people who proudly and historically violated tax laws. look, if i had a vanity license plate that said weed420, i might expect to get pulled over now and then. >> if you had that license plate? >> not now. >> all right. >> into the political playground we go. amy poehler and seth myers were not the only one bringing the funny this weekend. take a look at what first lady michelle obama had to say to graduates in nashville yesterday....
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May 13, 2013
05/13
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welcome to the state where cutting taxes for business... is our business. welcome to the new buffalo. welcome to the new buffalo. welcome to the new buffalo. new york state is throwing out the old rule book to give your business a new edge, the edge you can only get in new york state. to grow our start your business, visit thenewny.com ...and we inspected his brakes for free. -free is good. -free is very good. [ male announcer ] now get 50% off brake pads and shoes at meineke. >>> "minding your business" this morning. it has been an amazing run on wall street. the dow, nasdaq, s&p 500, all up big time. 13% to 15% this year. the dow's hit 18 record highs. however, stock futures indicate a lower opening today. >> meantime we have another big story for you. bangladesh wages could soon rise after last month's building chance at a garment factory that killed more than 1100 workers. our christine romans has been following this story. >> we are addicted to cheap clothes in the u.s. and europe and those clothes by and large come from bangladesh and if you doubled t
welcome to the state where cutting taxes for business... is our business. welcome to the new buffalo. welcome to the new buffalo. welcome to the new buffalo. new york state is throwing out the old rule book to give your business a new edge, the edge you can only get in new york state. to grow our start your business, visit thenewny.com ...and we inspected his brakes for free. -free is good. -free is very good. [ male announcer ] now get 50% off brake pads and shoes at meineke. >>>...
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May 14, 2013
05/13
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april 15th, by the way, when we're filing our taxes. for four years, the senate didn't even have a budget, the government doesn't have a budget. those are failures that people understand and goes to the heart of the distrust. and you add the overweight of these episodes and these problems that exist whether it's benghazi, irs or the "a.p." issue with the justice department and it's breathtaking. >> you're already dealing with a discouraged electorate for sure. former senator olympia snowe, thank you so much. >> thank you, mika. >> little depressing. >> yeah. >> come on, now. >> you can do it. >> i know. >> we got to make them do it. >> read the book. >> the conversation continues online. visit afternoonmojoe.com. for an official web extra green room sit-down with former senator snowe. ron fournier, thank you, as well. we'll be back with more "morning joe." [ kitt ] you know what's impressive? a talking car. but i'll tell you what impresses me. a talking train. this ge locomotive can tell you exactly where it is, what it's carrying, whil
april 15th, by the way, when we're filing our taxes. for four years, the senate didn't even have a budget, the government doesn't have a budget. those are failures that people understand and goes to the heart of the distrust. and you add the overweight of these episodes and these problems that exist whether it's benghazi, irs or the "a.p." issue with the justice department and it's breathtaking. >> you're already dealing with a discouraged electorate for sure. former senator...
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May 17, 2013
05/13
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>>> wake up sunday $550 million before taxes. what would you do on that sunday? mr. john tower, quite a few responses here. >> stacy on twitter, scream, run around the house naked calling someone to erase me from the internet and phone list. we have matt, he writes let's say the ms and msnbc will stand for matt scott. and chris g. brown on twitter, i can finally afford the topless bea arthur painting i've always wanted. >> i've been getting hate mail from the bea arthur estate. "morning joe" starts right now. >> how do you feel about comparison by some of your critics of this week's scandals to those that happened under the nixon administration? >> i'll let you guys engage in those comparisons. you can go ahead and read the history i think and draw your own conclusions. my concern is making sure if there is a problem in the government, that we fix it. >> good morning. it's friday, may 17th. what a beautiful friday. >> gorgeous. >> look at that. look at that. we may have a little bit of sun around here. beautiful friday. hope you're going to have a great weekend. with
>>> wake up sunday $550 million before taxes. what would you do on that sunday? mr. john tower, quite a few responses here. >> stacy on twitter, scream, run around the house naked calling someone to erase me from the internet and phone list. we have matt, he writes let's say the ms and msnbc will stand for matt scott. and chris g. brown on twitter, i can finally afford the topless bea arthur painting i've always wanted. >> i've been getting hate mail from the bea arthur...
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May 16, 2013
05/13
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welcome to the state where cutting taxes for business... is our business. welcome to the new buffalo. welcome to the new buffalo. welcome to the new buffalo. new york state is throwing out the old rule book to give your business a new edge, the edge you can only get in new york state. to grow our start your business, visit thenewny.com >>> that is it for "early start." i'm zoraida sambolin. we'll see you back here tomorrow. "starting point" begins right "starting point" begins right now. -- captions by vitac -- www.vitac.com >>> this is cnn breaking news. >> oh, no. oh, no. >> that is the sound, that is the sight of danger. our "starting point" this morning, breaking news. tornadoes tear through texas killing at least six people, injuring 100 others. homes flattened, neighborhoods gone. we are live on the ground there. >>> first on cnn, their integrity has been questioned and they've been accused of living. now the two men responsible for the independent state department review on the ben gghazi attack they demand a public hearing. >>> plus, you still have
welcome to the state where cutting taxes for business... is our business. welcome to the new buffalo. welcome to the new buffalo. welcome to the new buffalo. new york state is throwing out the old rule book to give your business a new edge, the edge you can only get in new york state. to grow our start your business, visit thenewny.com >>> that is it for "early start." i'm zoraida sambolin. we'll see you back here tomorrow. "starting point" begins right...
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May 14, 2013
05/13
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CNBC
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they're throwing everything into the kitchen sink, poor weather, delayed tax, tax refunds and the lack of food inflation and other things. >> jefferies has a note out today and they say we think sales improved over q-1. they're saying the opposite and they're saying march and april were probably good months and continuing to see gains in food. short walmart at your own peril, okay? i like other retailers more, but we're in a period where i have tepper's words ringing in my ear, carl. he's talking about shorting as being a sucker's game. shorting walmart, a great american company may not be the right call right now. you mentioned you have to get shovels to be able to -- >> the shorts will shovel to dig themselves out of the grave. home depot goes on 85 on that call. >> look, they sold the bobcat. who bought the bobcat? this is stanley works and now stanley, black & decker and they have tools. >> deere. >> deere. tepper's given you a whole menu of places to carry shorts. i do not want to go against walmart. the age of aquarius/walmart, would you go against this company? >> not over a lon
they're throwing everything into the kitchen sink, poor weather, delayed tax, tax refunds and the lack of food inflation and other things. >> jefferies has a note out today and they say we think sales improved over q-1. they're saying the opposite and they're saying march and april were probably good months and continuing to see gains in food. short walmart at your own peril, okay? i like other retailers more, but we're in a period where i have tepper's words ringing in my ear, carl. he's...
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May 14, 2013
05/13
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welcome to the state where cutting taxes for business... is our business. welcome to the new buffalo. welcome to the new buffalo. welcome to the new buffalo. new york state is throwing out the old rule book to give your business a new edge, the edge you can only get in new york state. to grow our start your business, visit thenewny.com ...and we inspected his brakes for free. -free is good. -free is very good. [ male announcer ] now get 50% off brake pads and shoes at meineke. >>> we are "minding your business" this morning. we're still counting the record highs on wall street. how many ways can we count? the s&p 500 hit one yesterday. today stock futures pointing a little lower. >> and now to the product placement of all product placements. we're talking about "the great gatsby." the big budget film is going big on luxury names, we're talking prada, brooks brothers, tiffany, and christine -- >> this takes it to a whole new level. beautiful, the film looks beautiful, and the product placement is there, luxury names blastered all over this film. tiffany's su
welcome to the state where cutting taxes for business... is our business. welcome to the new buffalo. welcome to the new buffalo. welcome to the new buffalo. new york state is throwing out the old rule book to give your business a new edge, the edge you can only get in new york state. to grow our start your business, visit thenewny.com ...and we inspected his brakes for free. -free is good. -free is very good. [ male announcer ] now get 50% off brake pads and shoes at meineke. >>> we...